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No time-bar on student loan collection (access required)

By: Sylvia Hsieh
Published: February 25, 2010

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A state statute of limitations that would have barred a student loan collection action is preempted by the Higher Education Act, the Minnesota Court of Appeals has ruled. A student graduated law school with $100,000 in loans, of which about $23,000 was assigned twice. The student argued the assignee's collection action was time-barred by a 6-year state ...
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